A substitute ordinance
establishing the tax levy in the General Services District for the Fiscal Year
2001-2002, and declaring the amount required for the annual operating budget
of the Urban Services District, pursuant to Section 6.07 of the Metropolitan
Charter.

BE IT ENACTED BY THE COUNCIL
OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:

SECTION 1. That the tax
levy for the General Services District of the Metropolitan Government of Nashville
and Davidson County for the fiscal year 2001-2002 on each $100.00 assessed value
of all property, real, tangible personal, intangible personal and mixed, within
the General Services District, shall be $3.84 prorated and distributed as follows:

1. General Fund

$1.97

per $100.00

2. School Fund

$1.24

per $100.00

3. Debt Service Fund

$ .43

per $100.00

4. School Debt Service
Fund

$ .20

per $100.00

Total
Levy General Services District

$3.84

per $100.00

SECTION 2. That $0.09 per
$100.00 of the revenue of the General Services District General Fund generated
from this tax levy collected from the area of the Urban Services District will
be deposited to the credit of the General Fund of the Urban Services District.

SECTION 3. Pursuant to
Section 6.07 of the Charter, BE IT HEREBY DETERMINED AND DECLARED that the annual
operating budget of the Urban Services District for the fiscal year 2001-2002
requires that $72,578,789 be produced by a property tax levy therein, and the
Urban Council is hereby directed to levy a tax upon all property, real, tangible
personal, intangible personal and mixed, within the Urban Services District
of $0.74 per $100.00 of assessed valuation, prorated and distributed as follows:

1. General
Fund

$ .64

Per $100.00

2. Debt
Service Fund

$ .10

Per $100.00

Total
Levy Urban Services District

$0.74

Per $100.00

SECTION 4. That the amount
of revenue generated in accordance with Section 2 above will be deposited to
the credit of the General Fund of the Urban Services District.

SECTION 5. This ordinance
shall take effect from and after its passage, the welfare of The Metropolitan
Government of Nashville and Davidson County requiring it.